by Megan Wellman | Jul 9, 2022 | Accounting, Finance, National Insurance
With changes happening to National Insurance Contributions, you must ensure you know how it will affect you! If you are self-employed, you already pay your National Insurance differently but, now your threshold is changing, you’ll need to know all the changes. In our...
by Megan Wellman | Jul 7, 2022 | Accounting, Business, Finance, JDA News
Welcome to the July 2022 issue of our Insider Magazine. This is our monthly magazine that will keep you up to date on everything you need to know within the business finance world. You can download the July issue of our Insider Magazine here The articles covered in...
by Megan Wellman | Jul 5, 2022 | Accounting, Business, Employment, Finance, Investments
Why are ‘Phoenix companies’ treated as income rather than a capital gain? In a private limited company, it is usual for a director to also be a shareholder. Payments made to shareholders are deemed to be income distributions and taxed accordingly. However,...
by Megan Wellman | Jul 5, 2022 | Accounting, Finance, Taxes
As a business owner, you always want to ensure you know what to do if your business comes under scrutiny. Therefore, it is always helpful to always understand the HMRC process, even if you play by the rules! In our latest guide, we’ll highlight some areas to consider....
by Megan Wellman | Jul 4, 2022 | Accounting, JDA News, Taxes
What tax relief can you get when working from home post COVID-19? The Covid-19 pandemic forced large numbers of employees to work from home for the first time. Having made the transition to home working, post pandemic, many employees have continued to work from home...
by Megan Wellman | Jul 3, 2022 | Accounting, Business, JDA News, Taxes
Are you associated with Corporation tax? The corporation tax rules are changing from 1 April 2023, and the amount that a company will pay will depend on the level of its profits, and also whether or not it has any associated companies. Briefly, from 1 April 2023,...
by Megan Wellman | Jul 3, 2022 | Accounting, Business, Taxes
How can you plan your capital expenditure to benefit from time-limited reliefs? Unincorporated businesses and companies planning capital expenditure projects need to be aware of some time-limited reliefs. Timing capital expenditure to benefit from these reliefs can be...
